IC Shipbrokers herewith welcomes you to today’s freight market report. We are giving you an insight in today’s freight market and an update with the latest freight market indications.
The market was today with a kind of stable situation in the entire drybulk market. The capes had a stable tendency today, and with the panamax continuing the positive trend, the supramax and handysize both continue with a very minor positive activity tendency.
The capesizes had today unchanged activity and it resulted in very minor increasing rates in most areas and directions. For the panamax size the activity was good again and the market reacted with slight increasing rates.
For the supramax and handysize dry cargo tonnage the market had stable and unchanged activity levels. The supramax tonnage had fair activity and with minor improving rate levels in most areas and directions. For the handysize vessels the market was with okay activity, and resulted also in very minor increasing rates in all areas and directions.
The European coaster market was today with unchanged activity levels. In the Baltic Sea area or on the Continent the freight rates were with stable and unchanged rates. The freight rates in the Black Sea area were with minor increasing rates today and the Mediterranean had unchanged rate levels today.
The tanker market was today with good level of activity. The crude oil tankers were with improving activity resulting in further increasing rates in most areas and directions. The product tanker market was today also with good activity and it resulted in good increasing rate levels from the various loading areas.
We will be back on Monday with more freight market news from www.icshipbrokers.com
